Cognitive Computing Materials Market, By Deployment Type (On-premise and Cloud-based Software), By End-user (Small Scale Enterprises, Large Scale Enterprise and Public Sector) , By Application (Diagnostic APIs, Robots, Cyber Security, Farm Mechanization,

Cognitive Computing Materials Market, By Deployment Type (On-premise and Cloud-based Software), By End-user (Small Scale Enterprises, Large Scale Enterprise and Public Sector) , By Application (Diagnostic APIs, Robots, Cyber Security, Farm Mechanization, eLearning, Supply Chain management, Social Media Monitoring, Self-driving cars, Gaming, Video ,IT infrastructure management and Others), By Industry (Healthcare, BFSI,IT & Telecom, Energy & Utilities, Agriculture, Retail, Aerospace & defense, Government, Transportation, Media & Entertainment, Education and Others (HR, Marketing & PR, etc.)), and by Region (North America, Latin America, Europe, APAC and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Cognitive computing refer to new hardware and software which is used for stimulating human functions and help to improve human decision making. It is a technology providing platform, which is based on the scientific disciplines of signal processing and artificial intelligence. These platforms are comprised of natural language processing (NLP), reasoning, speech recognition and vision, machine learning and human-computer interaction. In other words, cognitive computing simulates the human thought process in the computerized model, in order to create automated IT systems that computing can solve problems without human involvement. Cognitive computing has been considered as more innovative as it uses a unique method of gaining knowledge from structured and unstructured data .Thus, in turn various organizations have started adopting cognitive technology owing to the recent advancements in digital technology.
Market Dynamics
Higher adoption of cognitive computing, growing number of unstructured and complex data is the major factor driving the growth of global cognitive computing market. The advancement in cognitive computing such as cloud, mobile and data analytics is increasing the demand of this market. The process of cognitive computing acquires data from the unstructured source by using machine learning algorithms. The demand for big data analytics has increased significantly and majority of the data received by companies is in the form of unstructured data including images, audio files, videos, texts, etc. This enable various organizations to adopt cognitive computing platform to organize the data and provide meaningful results.
Cloud-based applications are used in cognitive computing due to their different characteristics such as less consumption of memory, high flexibility, lesser cost, and increased flexibility. Various organizations of different sizes are focused on moving their critical business systems onto cloud based platforms. Thus, in turn the demand for a cognitive cloud platform is expected to increase the market and bring large number of cognitive computing applications. Therefore, growing cloud-based applications is expected to boost the market growth over the forecast period.

Market Taxonomy
This report segments the global cognitive computing market on the basis of by deployment type, by end user, by application, by industry and region. On the basis of deployment type, the global cognitive computing market is segmented into on-premise and cloud software. On the basis of end user, global cognitive computing market is segmented into small scale enterprises, large scale enterprise and public sector. On the basis of application, global cognitive computing market is segmented into diagnostic APIs, robots, cyber security, farm mechanization, elearning, supply chain management, social media monitoring, self-driving cars, gaming, video ,it infrastructure management and others. On the basis of industry, global cognitive computing market is segmented into healthcare, BFSI, it & telecom, energy & utilities, agriculture, retail, aerospace & defense, government, transportation, media & entertainment, education and others (HR, marketing & PR, etc.). On the basis of region, global cognitive computing market is segmented into North America, Latin America, Europe, APAC, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the global cognitive computing market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global cognitive computing market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global cognitive computing market include Accenture Inc., SparkCognition Inc., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Google Inc., Microsoft Corporation, Narrative Science Inc., Flatiron Health, Inc., and Digital Reasoning Systems, Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global cognitive computing market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global cognitive computing market.
Detailed Segmentation:
1. Global Cognitive Computing Market, By Deployment Type
On-premise Software
Cloud-based Software
2. Global Cognitive Computing Market , By End user
Small Scale Enterprises
Large Scale Enterprises
Public Sector

3. Global Cognitive Computing Market , By Application
Diagnostic APIs
Robots
Cyber Security
Farm Mechanization
eLearning
Supply Chain management
Social Media Monitoring
Self-driving cars
Gaming
Video
IT infrastructure management
Others
4. Global Cognitive Computing Market, By Industry
Healthcare
BFSI
IT & Telecom
Energy & Utilities
Agriculture
Retail
Aerospace & defense
Government
Transportation
Media & Entertainment
Education
Others (HR, Marketing & PR, etc.)
5. Global Cognitive Computing Market, By Region
North America
Latin America
Europe
APAC
Middle East and Africa
Company Profiles
Accenture Inc. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
SparkCognition Inc.
Cisco Systems, Inc.
Hewlett Packard Enterprise Development LP,
IBM Corporation
Google Inc.
Microsoft Corporation
Narrative Science Inc.
Flatiron Health, Inc.
Digital Reasoning Systems, Inc.
*Browse all the market data tables and figures on “Global Cognitive Computing Market- Forecast to 2027”